WESTLAKE VILLAGE, Calif.–(BUSINESS WIRE)–Applied Natural Gas Fuels, Inc. (“ANGF” or the “Company”), one of the leading producers of vehicle-grade liquefied natural gas (LNG) in the United States, announced today that its common stock was approved for trading on the Over the Counter Bulletin Board (OTCBB).
“This step will not only provide our shareholders with a greater opportunity for liquidity but also shine a bright light on our competitive position and attractive value proposition in the marketplace.”
The Company’s common stock will trade under the stock symbol “AGAS”. Hudson Securities, Inc. will act as a market maker for the company’s common stock. For additional information, please contact David Weisberg at (561) 361-6870 or via e-mail at dweisberg@hudsonsecurities.com.
ANGF produces, distributes, and sells LNG to transportation, industrial and municipal markets in the western United States and northern Mexico. It offers turn-key fuel solutions to its customers, including delivery of clean LNG fuel, equipment storage, fuel dispensing equipment and fuel loading facilities. The Company processes LNG in its liquefaction processing plant located in Topock, Arizona. Primary customers are municipal and other governmental agencies, commercial fleets and industrial operations.
“This is an exciting time for our Company and our shareholders,” said Cem Hacioglu, ANGF’s President and CEO. “This step will not only provide our shareholders with a greater opportunity for liquidity but also shine a bright light on our competitive position and attractive value proposition in the marketplace.”
Established in 1995, ANGF has grown to become a leader in the domestic LNG industry, specializing in natural gas vehicle solutions. For more information, please visit ANGF’s website, located at http://www.altlng.com.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. When used in this press release, the words “anticipate,” “believe,” “estimate,” “intend” and “expect” and similar expressions are intended to identify such forward-looking statements. Such forward-looking statements include, without limitation, the statements regarding ANGF’s strategy, future production, future expenses and future liquidity and capital resources. All forward-looking statements in this press release are based upon information available to the Company on the date of this press release, and the Company assumes no obligation to update any such forward-looking statements. The Company’s actual results could differ materially from those discussed in this press release. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the Company’s Annual Report on Form 10-K and its other filings with the Securities and Exchange Commission.
Applied Natural Gas Fuels, Inc.
